The total number of doctors in Canada is projected to increase slightly from 2.84 health professionals per thousand persons in 2024 to 2.87 by 2028. This represents a moderate growth rate over the period. The year-on-year growth rate is consistent, showing a 0.7% increase annually until 2027, with stabilization expected in 2028. Considering 2023 as a benchmark, an analysis on the forecasted data shows a compound annual growth rate (CAGR) of about 0.5% from 2024 to 2028.
Future trends to watch for include:
- The potential impact of policy changes on healthcare funding and medical education, which could influence the supply of doctors.
- The evolving demographic profile of Canada, which may change healthcare demands and thus require adjustments in doctor availability.
- Technological advancements that could affect the healthcare sector efficiency and possibly alter the necessity for more professionals.